A more accurate way of calculating the value of a healthy year of life
Peer-Reviewed Publication
Updates every hour. Last Updated: 11-May-2026 17:15 ET (11-May-2026 21:15 GMT/UTC)
Decades of progress in medicine and public health are driving rapid global aging, straining healthcare systems and national budgets worldwide. In a recent study, researchers from Japan present an improved method for calculating the monetary value of a ‘quality-adjusted life year,’ addressing the limitations of the conventional way of computing this metric. Their analysis using data from Japan shows how considering various age and quality of life patterns can help determine more cost-effective policy decisions.
Erik Katovich, assistant professor of agricultural and resource economics in the College of Agriculture, Health and Natural Resources, published a study in The Economic Journal proving the validity of a common belief: large landowners use their money to influence local politics to benefit their operations. Katovich’s study showed that large landholders in the Amazon who donate to winning municipal politicians, like a mayor, are more likely to develop soybean farming on their properties than those who donate to a losing candidate.
Looking at international air travel and multinational firm formation over a 30-year period, MIT researchers found multinational firms are more likely to locate their subsidiaries in cities they can reach with direct flights, and that this trend is particularly pronounced in knowledge industries.
The 2026 MRS International Risk Conference will be held in Honolulu, Hawaii, from July 17 to 19, 2026. Hosted by the Shidler College of Business at the University of Hawaii and jointly organized by China Finance Review International (CFRI) and the Modern Risk Society (MRS), the conference invites submissions from scholars worldwide on a broad range of topics related to risk and capital markets. Under the theme “AI in an Uncertain World,” the conference aims to advance research on global financial risk management with a particular focus on modern and emerging risks. Selected papers presented at the conference will be considered for a special issue of the Pacific-Basin Finance Journal. The conference will feature a keynote address by Professor Torben G. Andersen of Northwestern University and will present multiple research excellence awards. The submission deadline for conference papers is February 10, 2026 (Eastern Time).
When AI is used to write code that interacts with so-called legacy systems with outdated software, expensive problems arise, costing U.S. companies an estimated $1.5 trillion in reduced productivity and cybercrime. Research by Edward Anderson Jr., professor of information, risk, and operations management, finds ways companies can avoid common pitfalls.